Thursday, July 10, 2014

ACORD 140 Rating Information Continued

How to Complete the ACORD 140 Rating Information



ACORD 140 RATING INFORMATION CONTINUED

This posts covers the questions in the last section shown below.


RIGHT EXPOSURE & DISTANCE - the question "Exposure" is asking you to briefly describe the occupancy or use of the property on this side of the Subject of Insurance and the distance to that property.

LEFT EXPOSURE - the question "Exposure" is asking you to briefly describe the occupancy or use of the property on this side of the Subject of Insurance and the distance to that property.

FRONT EXPOSURE - the question "Exposure" is asking you to briefly describe the occupancy or use of the property on this side of the Subject of Insurance and the distance to that property.

REAR EXPOSURE - the question "Exposure" is asking you to briefly describe the occupancy or use of the property on this side of the Subject of Insurance and the distance to that property.

BURGLAR ALARM TYPE - describe any existing burglar alarm.

CERTIFICATE # - if there is a burglar alarm, enter the alarm's certificate number. Attach a copy of the certificate if possible.

EXPIRATION DATE - the expiration date of the burglar alarm certificate.

Check all box descriptions burglar alarm...

CENTRAL STATION
LOCAL GONG
WITH KEYS

BURGLAR ALARM INSTALLED AND SERVICED BY - enter name and address of the company providing installation and service of existing alarms. This may be two separate companies.

EXTENT - Specify the designated extent of protection as described in the ISO crime rating manual.

GRADE - Enter the alarm grade as described in the ISO crime rating manual (e.g., AA, A, B, C).

#GUARDS / WATCHMAN - enter a numeric value. Enter zero if there are none.

Check the box relating to the Guards or watchmen and how they track their work.

CLOCK HOURLY
OTHER - you describe

PREMISES FIRE PROTECTION (Sprinklers, Standpipes, CO2 / Chemical Systems) - describe any existing on premises fire protection system.

% SPRINK - enter the percentage of the building which is covered by a sprinkler system.

FIRE ALARM MANUFACTURER - name of the manufacturer of on premises fire alarm systems.

Check the type of fire alarm system notification.

CENTRAL
LOCAL GONG


I hope this has helped you learn how to complete the ACORD 140 rating information.


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